Author

Mohammed Ali

Mohammad Ali is a fintech and cryptocurrency writer who has been covering the intersection of finance and technology for several years. Ali has a deep understanding of the financial industry and the ways in which technology is changing it, with a special focus on the rise of digital currencies and blockchain technology.

Market News

Avalanche-backed initiative develops encrypted exchange platform

Enclave Markets, led by CEO David Wells, has developed an innovative solution for OTC traders in the form of Enclave Cross. This…

Mohammed Ali·4 years ago

21Shares will reportedly terminate five funds and delist another one due to low interest from investors.

Market News

21Shares Suspends Crypto Products Citing Reduced Demand

Switzerland-based crypto ETP issuer 21Shares is set to delist five funds and terminate another one due to waning investor interest. The move…

Mohammed Ali·4 years ago

Is BlackRock Embracing the Future of Investing with Stock Tokenization?

Market News

BlackRock Considers Tokenization of Stocks

BlackRock, the world’s largest asset management company, is exploring the potential of digital assets, particularly the tokenization of asset classes, as noted…

Mohammed Ali·4 years ago

Market News

Swiss Bankers Association Pushes for Deposit Tokens to Boost Digital Economy

The Swiss Bankers Association has published a white paper that outlines how Swiss banks can contribute to the development of the country’s…

Mohammed Ali·4 years ago

MakerDAO Sets Sights on $1.25B U.S. Treasury Bond Holdings Following Successful First Vote

Market News

MakerDAO Votes to Raise U.S. Treasury Bond Holdings to $1.25B

Maker’s governance community has approved a preliminary vote to increase its U.S. Treasury bond holdings to $1.25 billion, marking a significant increase…

Mohammed Ali·4 years ago

Crypto News

UK’s Third Largest Bank, NatWest, Limits Crypto Deposits to £1,000 Daily

NatWest, one of the UK’s most popular financial institutions, has recently imposed restrictions on its customers’ crypto purchases. According to a Bloomberg…

Mohammed Ali·4 years ago

Market News

Binance CEO Dismisses Interest in CoinDesk

Changpeng Zhao, CEO of Binance, has dismissed reports that the cryptocurrency exchange was looking to acquire CoinDesk. The crypto media platform, owned…

Mohammed Ali·4 years ago

Binance Loses British Pound Fiat Gateway Support in Less than 10 Weeks

Crypto News

Binance’s UK Fiat Gateway to Close Down in 9 Weeks

Skrill Limited, Binance’s current British pound transfer service partner, announced that it would cease to offer its services to the exchange. This…

Mohammed Ali·4 years ago

IMF's report highlighted the potential risks associated with the proliferation of cryptocurrencies

Crypto News

IMF Warns G-20 of Potential Impact on Banks from Widespread Crypto Use

The International Monetary Fund (IMF) has cautioned that the widespread use of crypto assets could pose a threat to banks, leading to…

Mohammed Ali·4 years ago

The closure of Silicon Valley Bank (SVB) has created a sense of panic in the tech industry

Crypto News

Silicon Valley Bank Failure: Regulators Rush to Sell Assets to Make Uninsured Deposits Available

The closure of Silicon Valley Bank (SVB) has created a sense of panic in the tech industry, as the Federal Deposit Insurance…

Mohammed Ali·4 years ago

Hedera Mainnet Suffers Exploit and Loss of Service Tokens

Crypto News

Hedera Network Confirms Security Breach and Service Token Theft

Hedera Hashgraph, the team behind the distributed ledger technology, has confirmed a smart contract exploit on the Hedera Mainnet that resulted in…

Mohammed Ali·4 years ago

FTX's Sequoia Stake Sold for $45M to Abu Dhabi's Investment Arm

Market News

FTX’s Alameda Research Sells Sequoia Capital Interest for $45M to Abu Dhabi Sovereign Wealth Fund

FTX’s investment arm, Alameda Research, has agreed to sell its interest in Sequoia Capital to Abu Dhabi sovereign wealth fund Al Nawwar…

Mohammed Ali·4 years ago